Four Seasons Hotel New York is a luxury hotel in New York. The Ty Warner Penthouse Suite, billed at US$41,836 per night, is listed at number 3 on World’s 15 most expensive hotel suites complied by CNN Go in 2012
In the 1980s, William Zeckendorf, a prominent American real estate developer, assembled 25,000 square feet (2,300 m2) of vacant property on 57th Street between Madison and Park Avenue. Robert H. Burns, founder of Regent International Hotels, approached Harunori Takahashi, owner of EIE International Corporation company to build a luxurious hotel on the property.
When the hotel was announced in January 1989, it was to have a main tower of 46 stories and a smaller tower of some 20 stories, with a total of 400 rooms. Completion was planned for late 1991. Construction was financed by a loan from a consortium of six Japanese banks, led by the Long-Term Credit Bank. The others were the Ashikaga Bank, Mitsubishi Trust and Banking Corporation, Mitsui Trust and Banking Company, Nippon Credit Bank, and Sumitomo Trust and Banking Company. The hotel was named Regent New York Hotel and managed by Regent International Hotels of Hong Kong, in which EIE International had a 30 percent interest.
When the Japanese real estate market imploded in 1990, the hotel was sold to the Four Seasons group to recover from bad loans. Today, the hotel is owned by Ty Warner Hotels and Resorts, L.L.C. and operated by Four Seasons.
At 682 feet (208 m) tall and 52 stories, it is the tallest hotel in New York City, the third tallest in the U.S., and the twenty-first tallest in the world. In 2007, the Four Seasons New York opened the Michelin star restaurant: L’Atelier de Joël Robuchon.
The hotel first achieved fame for its luxurious interiors. I. M. Pei and Frank Williams collaborated as the architects for the design of the Four Seasons Hotel. In 2004, in collaboration with Peter Marino, Pei came out of retirement to re-design the 52nd Penthouse Suite floor. This is especially significant since Peter Marino is known to refuse collaboration in any hotel or resort development projects.
I. M. Pei was also the responsible for the interiors of the public spaces in the hotel.
The hotel maintained a spot on the Conde Nast Traveler Gold List for ten consecutive years.
Also the hotel has a reputation for appearing on both the AAA Five Diamond Award list and the Mobil Travel Guide Five Star list every year since its opening in 1994.